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Herbert Haft
Herbert H. Haft (August 24, 1920 – September 1, 2004) was an American businessman who was famous first for the development of discount stores in the drug store, bookstore, and auto part businesses in Washington, D.C., and later as a corporate raider. Early life and education Haft was born to Jewish family in Baltimore, Maryland,Washington Post: Discount Retailing Giant Stoked Bitter Family Feud" by Patricia Sullivan September 3, 2004 by Karen DeWitt August 29, 1993 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Haft
Robert Michael Haft is an entrepreneur, primarily in health care, and became a household name in the Washington, D.C., Chicago, San Francisco, Houston, and Los Angeles markets for his Crown Books television commercial tagline, "Books cost too much". Education Haft earned a B.S. in economics from the Wharton School of the University of Pennsylvania in 1974. He simultaneously earned an MBA from Harvard Business School as well as a master's degree from Harvard's School of Design. Dart Group Based on a thesis he wrote in business school, Haft founded Crown Books, a discount book chain and a subsidiary of the Dart Group, in 1977 after traveling around the country for five months learning about the book business. His father, Herbert Haft, funded the initiative. In 1979 he and his father founded a discount automotive chain called Trak Auto, which sold auto parts and accessories such as mufflers, batteries, pressure gauges, and seat cushions for 35% to 51% below suggested retail pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adams Morgan
Adams Morgan is a neighborhood in Northwest Washington, D.C., centered at the intersection of 18th Street NW and Columbia Road, about 1.5 miles (2.54 km) north of the White House. Notable establishments in the neighborhood include the Washington Hilton and Madam's Organ Blues Bar. Notable residential buildings include Euclid Apartments, Fuller House, Park Tower, Meridian Mansions, and the Pink Palace. Embassies in the neighborhood include the Embassy of Lithuania, the Embassy of Poland, the Embassy of the Central African Republic, the Embassy of Gabon and the Embassy of Cuba. Notable public artwork in Adams Morgan includes ''Carry the Rainbow on Your Shoulders'', ''The Servant Christ'', and '' The Mama Ayesha's Restaurant Presidential Mural''. Adams Morgan is a thriving spot for nightlife and live music, particularly along 18th Street NW. Approximately 100 establishments possess liquor licenses. A moratorium on new liquor licenses has been in effect since 2000. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gloria Haft
Gloria may refer to: Arts and entertainment Music Christian liturgy and music * Gloria in excelsis Deo, the Greater Doxology, a hymn of praise * Gloria Patri, the Lesser Doxology, a short hymn of praise ** Gloria (Handel) ** Gloria (Jenkins) ** Gloria (Poulenc), a 1959 composition by Francis Poulenc ** Gloria (Vivaldi), a musical setting of the doxology by Antonio Vivaldi Groups and labels * Gloria (Brazilian band), a post-hardcore/metalcore band * Gloria, later named Unit Gloria, a Dutch band with Robert Long as member Albums * ''Gloria'' (Disillusion album) * ''Gloria!'', an album by Gloria Estefan * ''Gloria'' (Gloria Trevi album) * ''Gloria'' (Okean Elzy album) * ''Gloria'' (Sam Smith album) * ''Gloria'' (Shadows of Knight album) (1966) * ''Gloria'' (EP), an EP by Hawk Nelson Songs * "Gloria" (Enchantment song) (1976), a song later covered by Jesse Powell in 1996 * "Gloria" (Mando Diao song), a 2009 song by Mando Diao from ''Give Me Fire'' * "Gloria" (Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Haft
Ronald is a masculine given name derived from the Old Norse ''Rögnvaldr'', Hanks; Hardcastle; Hodges (2006) p. 234; Hanks; Hodges (2003) § Ronald. or possibly from Old English '' Regenweald''. In some cases ''Ronald'' is an Anglicised form of the Gaelic ''Raghnall'', a name likewise derived from ''Rögnvaldr''. The latter name is composed of the Old Norse elements ''regin'' ("advice", "decision") and ''valdr'' ("ruler"). ''Ronald'' was originally used in England and Scotland, where Scandinavian influences were once substantial, although now the name is common throughout the English-speaking world. A short form of ''Ronald'' is ''Ron''. Pet forms of ''Ronald'' include ''Roni'' and ''Ronnie''. ''Ronalda'' and ''Rhonda'' are feminine forms of ''Ronald''. ''Rhona'', a modern name apparently only dating back to the late nineteenth century, may have originated as a feminine form of ''Ronald''. Hanks; Hardcastle; Hodges (2006) pp. 230, 408; Hanks; Hodges (2003) § Rhona. The names '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stop & Shop
The Stop & Shop Supermarket Company, known as Stop & Shop, is a regional chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include 406 stores chain-wide. Stop & Shop has been a wholly owned subsidiary of the Dutch supermarket operator Ahold since 1995 and was part of the Stop & Shop/Giant-Landover division with sister chain Giant-Landover between 2004 and 2011. Ahold announced on June 24, 2015, that it would merge with Brussels-based Delhaize Group, a Belgian grocery store conglomerate whose U.S. grocery operations included Hannaford of Scarborough, Maine and Food Lion of Salisbury, North Carolina. The merger was completed on July 24, 2016, with the new holding company being named Ahold Delhaize, and it is now a sister company to formerly competing New England supermarket chain Hannaford, along with that of Food Lion. History Beginning Stop & Shop's roots can be traced back to 1892, when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safeway Inc
Safeway is an American supermarket chain founded by Marion Barton Skaggs in April 1915 in American Falls, Idaho. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops and fuel centers. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the Western United States with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California, with its parent company, Albertsons, headquartered in Boise, Idaho. Safeway stores operate under the logo of a stylized white "S" inside a rounded red square with the slogan "Ingredients for life". Following the organics trend, the stores have expanded the number of organic fruits and vegetables in the produce sectio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenmail
Greenmail or greenmailing is the action of purchasing enough shares in a firm to challenge a firm's leadership with the threat of a hostile takeover to force the target company to buy the purchased shares back at a premium in order to prevent the potential takeover. The term is a financial neologism, coined in the 1980s, from ''blackmail'' and '' greenback'' as commentators and journalists saw the practice of corporate raiders as attempts by well-financed individuals, or their operating companies, to blackmail a company into handing over money by using the threat of a takeover. The greenmail strategy has evolved since its first practices with ways to counter greenmail, other variations of greenmail, as well as ways to reinforce a greenmail tactic. In the area of mergers and acquisitions, the greenmail payment is made in an attempt to stop the hostile takeover. Tactic Corporate raids occasionally aim to generate large amounts of money by hostile takeovers of large, often underval ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shoppers Food Warehouse
Shoppers Food & Pharmacy, also known as Shoppers Food Warehouse, is a chain of 22 supermarkets located in the Baltimore and Washington, D.C., metropolitan areas. Shoppers has fresh produce, Swift Angus beef, Smithfield natural pork, all-natural chicken, Dietz & Watson delis, fresh seafood, steamed shrimp, as well as hot food bars. Shoppers is thought to have innovated several now-common supermarket features, such as warehouse shelving (no longer utilized in its stores), open-bin bulk foods (also no longer found in the chain), large salad bars with hot prepared foods and specialized fans to keep produce fresh, and "warehouse-sized" packaged products. Shoppers also was one of the first chains to sell all of its produce by the pound, rather than by the item, which is now common. This prevented the "picked-over" selection of produce commonly found in conventional supermarkets several days after a produce delivery. History Shoppers Food & Pharmacy had its roots in a store opened in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Total Beverage
Total Wine & More is a family-owned privately held American alcohol retailer founded and led by brothers David and Robert Trone. The company was named Retailer of the Year by ''Market Watch'' in 2006, ''Beverage Dynamics'' in 2008, and ''Wine Enthusiast Magazine'' in 2004 and 2014. The company is headquartered in North Bethesda, Maryland. History In 1985, Trone and family members opened stores in the Pittsburgh area known as Beer and Pop Warehouse and later Beer World, though legal difficulties in Pennsylvania led them to leave the state. In 1991 brothers David and Robert Trone founded Liquor World as a small, independent store in Claymont, Delaware, which was followed with a second store in Milltown, Delaware. Liquor World grew steadily through the 1990s, expanding down the east coast. The Trones acquired D.C.-area chain Total Beverage in 1998, adopting and modifying that company's moniker for their business. Total Wine entered Florida in 2005, and then California and Arizona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trak Auto
Trak Auto Corporation was an American retail chain specializing in automotive parts and accessories based in Landover, Maryland. Founded by Robert Haft in 1979, at its peak in 1993 it operated 333 stores around the United States under the Trak Auto, Super Trak, and Super Trak Warehouse concepts. A declining market, stiff competition, and management problems led to a steep decline and bankruptcy, with its remaining stores acquired by and converted to Advance Auto Parts in 2002. History Trak Auto formed part of the stable of discount operations owned by the Dart Group, the family holding company of Herbert Haft, and grew indirectly out of Dart Drug. Part of Dart Drug's strategy was to offer additional merchandise beyond the usual prescription drugs, health and beauty aids, and other merchandise that is typically found in a neighborhood drug store during the early 1970s. Robert Haft noticed that they were selling large volumes of auto supplies in his drug stores. His research disc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Books
Crown Books was a bookseller headquartered in Prince George's County, Maryland, with a Largo post office address. It was founded in the Washington, D.C., metro area by Robert Haft in 1977. Crown Books (retail) is of no relation to Crown Books (publisher), although the former carried inventory from the latter. Founding and growth Crown Books was founded in the Washington, D.C., metro area in 1977 by Robert Haft with money borrowed from his father, D.C. businessman Herbert Haft. The chain was organized under the umbrella of the Dart Group (not related to the current UK-based Dart Group), which also included Trak Auto, Shoppers Food Warehouse, Total Beverage, Dart Drug, and Combined Properties. Known for low prices, the chain gained fame in the 1980s and early 1990s for its clever advertising campaigns (such as Robert Haft sitting on large stacks of books with the caption "Books Cost Too Much, That's Why I Opened Crown Books. Now You'll Never Pay Full Price Again!") At the begi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
